Overview

• BaFin’s license extension allows BitGo Europe to run both an OTC desk and an electronic platform covering thousands of digital assets and stablecoins.
• Trading operations will be based in Frankfurt, serving institutional clients across the European Union under German supervision.
• The new permissions build on BitGo’s May 2025 MiCA authorization, unifying custody, staking, transfers, trading and settlement on a single regulated platform.
• BitGo highlights access to deep liquidity and execution quality by sourcing from top market makers and exchanges, with assets remaining in MiCA‑compliant cold storage.
• An expanded in‑custody trading initiative with Copper and the move into regulated execution place BitGo alongside integrated competitors such as Coinbase and Kraken in Europe.